96C27748E8DD168387258AED006BBBC8 Hearing Summary

PUBLIC
BILL SUMMARY For HB24-1351

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Mar 27, 2024
Location Old State Library

HB24-1351 - Referred to House Appropriations

Attachment Tag

File Name

Attachment A

Attachment A.pdf

01:39:20 PM

Representatives Amabile
and Lindstedt, prime bill sponsors, presented House Bill 24-1351 regarding
the sunset of the state banking board.

01:39:54 PM

Matthew Propst, representing
ANB Bank, testified in opposition to the bill. Bob Lucia, representing
WayPoint Bank, testified in opposition to the bill. Clay Whitham, representing
Frontier Bank, testified in opposition to the bill. Mike Hurst, representing
Del Norte Bank, testified to amend the bill.
Members of
the panel answered questions from members of the committee.

01:58:02 PM

Mr. Michael Bell,
representing themself, testified in support of the bill. Mr. Gerry Agnes,
representing Elevations Credit Union, testified in support of the bill.
Mr. John Ruby, representing Bellco Credit Union, testified in support of
the bill. Ms. Katie March, representing Colorado's Credit Unions, testified
in support of the bill. Tod Cummins, representing Canvas Credit Union,
testified in support of the bill. Ms. Sara Plumhoff, representing NuVista
Federal Credit Union, testified in support of the bill. Members of the
panel answered questions from members of the committee.

02:12:20 PM

Jenifer Waller, representing
the Colorado Bankers Association, testified in opposition to the bill.
Andrew Trainor, representing InBank, testified in opposition to the bill.
Mr. PJ Wharton, representing Yampa Valley Bank & The Independent Community
Bankers of Colorado, testified in opposition to the bill. Members of the
panel answered questions from members of the committee.

02:30:41 PM

Mr. Ezra Eckhardt,
representing the Spokane Teachers Credit Union, testified in support of
the bill. Ms. Karen Bigelow, representing the Premier Members Credit Union,
testified in support of the bill. Mr. Ben Metzger, representing Canvas
Credit Union, testified in support of the bill. Mr. Joe Adamack, representing
the GoWest Credit Union Association, testified in support of the bill.
Ken Boldt, representing the Colorado Division of Banking, was available
to answer committee questions. Mr. Nathan Cape, representing Minnequa Works
Credit Union, testified in support of the bill. Members of the panel answered
questions from members of the committee.

02:51:40 PM

Reprsentative Frizell
explained amendment L.001 (Attachment A). The bill sponsors commented on
the amendment.

02:55:36 PM	Motion	Adopt amendment L.001
	Moved	Frizell
	Seconded	English

	Armagost	Yes
	Brown	No
	Clifford	No
	English	No
	Frizell	Yes
	Lindstedt	No
	Lynch	Yes
	Mabrey	No
	Mauro	No
	Ricks	No
	Amabile	Yes
		YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL

02:56:24 PM

Representatives Amabile and Lindstedt gave closing remarks. Members of the committee gave closing remarks.

02:57:39 PM	Motion	Refer House Bill 24-1351 to the Committee on Appropriations.
	Moved	Amabile
	Seconded	Lindstedt

	Armagost	No
	Brown	Yes
	Clifford	Yes
	English	Yes
	Frizell	No
	Lindstedt	Yes
	Lynch	No
	Mabrey	Yes
	Mauro	Yes
	Ricks	No
	Amabile	Yes
	Final	YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS

HB24-1351 - Referred to House Appropriations

Colorado General Assembly